Qube Consortium Defeats Brookfield in Asciano Deal
Posted on 02/16/2016
The board of Asciano Limited recommended to its shareholders to accept a A$ 9.05 billion takeover bid for the ports and rail group from the Qube consortium versus the Brookfield Infrastructure Partners Limited consortium. The board recommended Asciano to also pay Brookfield Infrastructure a A$ 88 million break fee. Asciano signed the binding transaction documentation […]
- Allens
- Asciano
- Australia
- BCIMC
- Brookfield
- China Investment Corporation
- CPPIB
- Deals
- Global Infrastructure Partners
- Government of Singapore Investment Corporation
